1604 Rushmore DriveColorado SpringsCO80910
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Colorado Springs at 1604 Rushmore Drive, Colorado Springs, CO, 80910 listed at $359,000 pairs $2,334/mo rent with a $1,757/mo payment to leave $242/mo cash flow. Total monthly income runs $2,334/mo, and annual cash flow reaches $2,903/yr on $119,009 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 7.8% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 115.44% and total cumulative return in cash totals $137,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,334/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
9,090 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80910, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 5,679 (40.7%) |
| Renter Occupied HU | 7,488 (53.7%) |
| Vacant Housing Units | 770 ( 5.5%) |
| Median Home Value | $353,343 |
| Average Home Value | $395,016 |
Housing Distribution
Address Breakdown
Residential
13,427
Single Family
10,496
Multi-Family
2,931
Businesses
634
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Listed by: Kristi Montoya • Kristi Montoya
Mls Name: REcolorado
Mls ID: #5851472